Honda Motor introduces cryptocurrency payment options

Honda Motor introduces cryptocurrency payment options

HMC, Honda Motor Co Ltd., expanded its payment options to offer new opportunities for consumers worldwide. Honda has a list of around 46 cryptocurrencies that can be accepted for payment.

Honda Motor, based in Tokyo, has teamed up with blockchain payment system FCF Pay, allowing customers to purchase Honda products in multiple crypto currencies, such as Ripple XRP/USD and Dogecoin DOGE/USD. Other accepted currencies include Bitcoin BTC,USD, Ethereum ETH,USD, Binance Coin BNB/USD, XRP XRP/USD, Shiba Inu SHIB/USD, Doge/USD, XRP XRP/USD and many others.

By using the BzCRYPTO code, you get a 20% discount on all products.

Japan's ruling Liberal Democratic Party's Web3 project team has published a white paper aimed at expanding the country's Web3 industry. Crypto funding has risen in the country, resulting in a rise in startup funding.

Japan formed Animoca Brands Japan to support the worldwide Web3 strategies of Japanese intellectual property and content owners.

The car manufacturer has distributed Honda Key NFTs to all fans who entered the Formula One Honda & Red Bull ticket lottery in September. The commemorative NFT will be distributed to ticketholders after the event.

The Japanese carmaker, Nissan Motor Co Ltd NSANY, filed four U.S. patents for Web3 development. Its Japanese unit tested with metaverse car sales for brands such as Infiniti, Nismo and Nissan.

SBI Motor has prior to embracing cryptocurrencies like Bitcoin as a payment method and Tesla already accepts Dogecoin for purchases.